Dr Alden Toevs
Group Chief Risk Officer, Commonwealth Bank of Australia.
- Compliance in the new world
Alden joined the Commonwealth Bank of Australia on 23 June 2008 as Group Chief Risk Officer. Alden provides leadership in ensuring effective risk management and risk governance across the Bank and also helps govern the Group through membership on the Bank’s Executive Committee.
Prior to joining the Commonwealth Bank, Alden led First Manhattan Consulting Group’s (FMCG) risk management, MIS and mortgage banking practice areas for 15 plus years, and was FMCG’s lead consulting partner between 2000 and 2008. Over his 18 years of consulting with First Manhattan, Alden has advised more than 100 banks globally on risk, strategy, mergers and performance measurement.
Alden has a Ph.D. with honors from Tulane University and did post graduate work at MIT under a grant from the National Science Foundation.
Alden is a Director of Colonial Mutual Life Assurance Society Limited.